We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Is my deposit safe?

Options
Three weeks before the lock down I put down  deposit on a new conservatory, work to start beginning of May, now of course because of the Corona virus the company is shut down and possible start date unknown.
Question therefore is my deposit safe due to the possibility of this company going bust, I paid via my Bank debit card.
Thanks.

Comments

  • Aylesbury_Duck
    Aylesbury_Duck Posts: 15,683 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    If they go bust you'll join the list of creditors.  In those circumstances you may be able to get your bank to do a chargeback but I'm not sure if that would work.
  • davidmcn
    davidmcn Posts: 23,596 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    The deposit is as unsafe as it was when you paid it. Not much you can do now other than cross your fingers.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351K Banking & Borrowing
  • 253.1K Reduce Debt & Boost Income
  • 453.6K Spending & Discounts
  • 244K Work, Benefits & Business
  • 598.9K Mortgages, Homes & Bills
  • 176.9K Life & Family
  • 257.3K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.